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Laura retired from her job recently, and she has saved about $329,051.00 over the course of her career. She plans to withdraw $2,294.00 each month to pay for living expenses. After a certain amount of time, the balance in Laura's account is $290,053.00. How many months have passed since Laura retired?

User Tomdavies
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1 Answer

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329051 - 2294m = 290053
-2294m = 290053 - 329051
-2294m = -38998
m = -38998 / -2294
m = 17 months
User IFlo
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